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Shocking new revelations in the FBI headquarters intended biggest ever crackdown on offshore tax evasion money laundering and white collar organized crime has revealed that the recent abrupt departure of Stephen Green the chairman of HSBC Holdings...
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European Union Commission President Jose Manuel Barroso says he will field new proposals by the end of the month to tackle some of the actions of market speculators,...
made popular Sep 8 2010
Over the last two years of the housing bubble, Wall Street bankers perpetrated one of the greatest episodes of self-dealing in financial history.
Faced with increasing...
made popular Aug 27 2010
Democrat legislators originally planned to impose a fee of $19billion on banks which were lobbying against their financial overhaul bill. These banks nearly brought the...
made popular Jul 1 2010
President Tarja Halonen is concerned that the global economic and financial crisis is threatening UN targets for development in the world’s poorer...
made popular May 12 2010
Bank of America Corp. began the year with a much larger profit than expected, as the company benefited from its purchase of Merrill Lynch during the financial...
made popular Apr 17 2010
For many people the news of Wall Street titan Goldman Sachs being charged this morning by the Securities and Exchange Commission (SEC) for financial fraud is sweet...
made popular Apr 17 2010
A record number of U.S. homes were lost to foreclosure in the first three months of this year, a sign banks are starting to wade through the backlog of troubled home...
made popular Apr 15 2010
The council system in Benue State has been beset by a myriad of problems. The fear is that the third tier of government could collapse.
The Sword of Damocles had been...
made popular Feb 15 2010
New York Attorney General Andrew Cuomo said Thursday it was bringing civil charges against senior Bank of America executives, including former company CEO Ken Lewis,...
made popular Feb 5 2010
This year and the preceding marked the worst financial crisis in American history. Some countries, like Britain, actually saw a bank run. Trillions has been lost and...
made popular Dec 15 2009
In a not entirely unexpected move, Dubai has for all intents and purposes temporarily defaulted on billions in debt. The city-state has told its creditors to be...
made popular Nov 30 2009
Should I call it a miracle turned mirage? Till 2 years back Dubai was the most happening place in the world – a close competitor to New York, London and Singapore....
made popular Nov 28 2009
Afghan government revealed that the delay in the declaration of August 20 Presidential Elections is costing the country a heavy price in terms of decline in national...
made popular Oct 7 2009
US President Barack Obama is poised to call on Congress to approve an overhaul of the US regulatory regime.
In a speech to mark one year since the collapse of Lehman...
made popular Sep 14 2009
Norwegian voters appear to have returned their Labor-dominated government to office, narrowly endorsing Prime Minister Jens Stoltenberg’s pursuit of expanded public...
made popular Sep 15 2009
Critics fret that health care reform would undermine American family values, not least by convening somber death panels to wheel away Grandma as if she were Old...
made popular Aug 31 2009
Russia’s government has issued a tender for luxury furniture, including a gilded bed, triggering an outcry Wednesday in a country where the economy shrank 10.9...
made popular Aug 19 2009
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Will threatening to blow up the factory where you work get you a better severance package?
What about staging a “bossnapping,” and attracting TV...
made popular Aug 10 2009
Economic slump felt in all three countries
* No unity on simmering trade issues
* Shared commitment to halt spread of H1N1 virus
By Steve Holland and Patricia...
made popular Aug 10 2009
The is no more legendary an investor than Warren Buffet. Buffet started life as a simply newspaper boy and grew to manage the most successful [in terms of returns]...
made popular Aug 10 2009
It has been touted as a successful treatment for everything from insomnia and depression to Parkinson’s disease and multiple sclerosis. Now supporters of...
made popular Jul 10 2009
With his clean white university sweatshirt and shiny cellphone, Lee Chang-shik looks the part of a manager at a condominium development company, the job that he held...
made popular Jul 7 2009
The edict, issued from the highest level of China’s government, comes less than six months after China described the short-lived ‘Buy American’ clauses in the US...
made popular Jun 17 2009
Georgina Geikie, one of the U.K.’s most promising sharpshooters, is learning the hard way what the long-term cost of the financial crisis can be.
Over the past...
made popular Jun 16 2009
Obama isn’t just ruling on the fate of a single company. A GM bankruptcy could devastate the very economy he is attempting to stabilize By William J. Holstein...
made popular May 22 2009
In order protect the emerging market economies as engines of global growth; there is a firm need to stem the global financial crisis. For that matter, Alistair Darling...
made popular Apr 25 2009
Israel’s richest man - fortune previously estimated at $6 billion - suffered great loses in 2008 due to the global economic crisis and particularly due to the...
made popular Apr 6 2009
The G20 London meeting ended with a positive note. The member countries signed the $1trillion deal to end the global economic meltdown. Gordon Brown termed the deal as...
made popular Apr 3 2009
Uganda’s central bank whose governor has been always quoted saying that the nation would not be affected by the global financial crisis, is finally feeling the...
made popular Mar 28 2009
From what we are seeing at the complete shutdown rather than a meltdown or recession is some very unrealistic steps by the US administration that will end up with the...
made popular Mar 26 2009
We are currently enduring a global financial crisis. A crisis, it must be said, borne largely on the wings of corruption, mismanagement, incompetence and greed. The...
made popular Mar 20 2009
Nothing new; we are the same people and the same problems. At home and abroad—at present it is a headache everywhere. Aided by advancement of science actually how far...
made popular Mar 16 2009
I keep getting letters asking about the economic situation. How it started, affects us and if, and when, it will sort itself out! People keep saying to me; What’s...
made popular Mar 4 2009
Thomas Friedman recently told us that the world is flat. He of course was referencing the technological advances that have brought the entire world to our fingertips...
made popular Mar 4 2009
This post was first published in TH!NK ABOUT IT site 25th February 2009.
Parliament is a venerable name of democratic institution, one could even suppose that its...
made popular Feb 26 2009
Pakistan’s oil industry is going through hard times due to the extant financial crisis but the export of jet fuel to Afghanistan is on a rise and bringing a handsome...
made popular Feb 19 2009
Pakistan’s knitwear industry is facing serious problems as knitwear exporting units continue to shut down in the country due to financial reasons. Over 340 knitwear...
made popular Feb 9 2009
Nevertheless for now, they’re not going away for the losses, with the help of Bankruptcy Restriction Orders (BROs). BROs ensure That equates to £3,250 per person in...
made popular Feb 6 2009
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